Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

think

(11,641 posts)
Tue Dec 20, 2016, 12:31 AM Dec 2016

G.O.P. Scrubs Trump Nominee's Work History To Omit His Biggest Scandal

G.O.P. SCRUBS TRUMP NOMINEE’S WORK HISTORY TO OMIT HIS BIGGEST SCANDAL

BY BESS LEVIN - DECEMBER 16, 2016 1:57 PM

Republicans don't want to discuss the 5 years Steven Mnuchin spent running a “foreclosure machine”—or the seventeen years he worked at Goldman Sachs.

As some of you may have heard, Steven Mnuchin, the man who Donald Trump recently picked to serve as his Treasury secretary, spent 17 years working at Goldman Sachs and more than five years as the head of OneWest, a group he created for the sole purpose of scooping up subprime real estate assets during the financial crisis for pennies on the dollar. Mnuchin turned the lender into a “foreclosure machine,“ and flipped it in 2015 after more than doubling his money.

Those twenty-two years constitute a fair amount of Mnuchin’s work history. But according to the G.O.P.’s “Meet Steven Mnuchin” biography, his time at Goldman and OneWest were a blip not worth mentioning when discussing his résumé. As Business Insider notes, the only companies that got a direct shout-out are Mnuchin’s hedge fund, whose name (Dune Capital) evokes the gentle sound of waves crashing on a beach, and his movie-backing business:

Mr. Mnuchin has decades of experience with financial and monetary matters. His experience includes serving as finance director of President-elect Trump’s campaign, Former C.E.O. of Dune Capital Management, and co-founder of RatPac-Dune Entertainment which produced films such as Avatar, American Sniper, and X-Men...


Read more:
http://www.vanityfair.com/news/2016/12/steven-mnuchin-goldman-sachs-one-west
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
G.O.P. Scrubs Trump Nominee's Work History To Omit His Biggest Scandal (Original Post) think Dec 2016 OP
Twenty two years of work too shameful to admit to? Idiots. bettyellen Dec 2016 #1
Nominees...LMAO pbmus Dec 2016 #2
Latest Discussions»General Discussion»G.O.P. Scrubs Trump Nomin...